The following are the 41 properties sold in Palos Verdes Estates during the 1st quarter of 2017:
The average price per square foot over the last 3 months has been $736 per sq. ft. a 1% increase over the similar period last year.
The average days on market for homes sold during last 3 months was about 2 months. The percentage of list price for homes sold is approx. 94%.
With 48 homes listed for sale at the end of March and average sales per month over the last 3 months of 14 homes sold, equates to a bit over 3 months of inventory. The following chart of months of inventory is based upon the most recent month's sales.